Microsoft Co. (NASDAQ:MSFT) Shares Bought by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 16,110 shares of the software giant's stock after acquiring an additional 972 shares during the period. Microsoft accounts for 3.2% of Game Plan Financial Advisors LLC's portfolio, making the stock its 7th biggest holding. Game Plan Financial Advisors LLC's holdings in Microsoft were worth $6,809,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. WFA Asset Management Corp raised its holdings in Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. lifted its holdings in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after buying an additional 38 shares during the period. AMF Tjanstepension AB grew its holdings in Microsoft by 1.8% during the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after acquiring an additional 49,735 shares during the period. Discipline Wealth Solutions LLC raised its position in Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after acquiring an additional 2,138 shares in the last quarter. Finally, Swedbank AB boosted its position in shares of Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock valued at $5,890,530,000 after purchasing an additional 49,288 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MSFT has been the subject of a number of research reports. Royal Bank of Canada restated an "outperform" rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Wedbush dropped their price target on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. Cantor Fitzgerald restated an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Finally, Bank of America decreased their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $499.97.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded down $3.83 on Friday, reaching $367.78. 20,940,221 shares of the company's stock were exchanged, compared to its average volume of 21,246,383. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.73 trillion, a price-to-earnings ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.00. The company has a fifty day moving average of $388.25 and a 200-day moving average of $412.73. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts' consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the prior year, the business posted $2.93 earnings per share. On average, research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.90%. Microsoft's dividend payout ratio (DPR) is 26.73%.

About Microsoft

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.